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HRH Next Services Limited logo

HRH Next Services Limited IPO

SME IPOListedHRHNEXTNSE
Current Market Price (CMP)
₹46.55(+29.31%)
Current Price (CMP)
₹46.55(+29.31%)

Live Market Quote

Listing Price & Gain
₹41(+13.89%)

Day 1 Exchange Open

IPO Issue Price
₹36

Band: ₹36

Total Subscription
62x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
27 Dec 2023
IPO Bidding Closes
29 Dec 2023
Allotment & Refunds
Completed
Exchange Listing Day
03 Jan 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 62x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)—
Non-Institutional Investors (NII / HNI)—
Retail Individual Investors (RII)—
Total Subscription62x
Updated as on null

Listing Day & Return Performance

Listing Day Gain+13.89%
₹36 (Issue) → ₹41 (List)
Per share profit: +₹5.00
Holding Return (Till Date)+29.31%
₹36 (Issue) → ₹46.55 (CMP)
Net gain per share: +₹10.55
Post-Listing Performance (Listing Day → Today):+13.54%

About HRH Next Services Limited IPO

HRH Next Services Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 27 Dec 2023 and concluded on 29 Dec 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹36.

During the bidding window, HRH Next Services Limited witnessed heavy demand with an overall subscription of 62 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of HRH Next Services Limited officially debuted on the stock exchanges on 03 Jan 2024 at an opening listing price of ₹41, delivering a listing day return of +13.89% (premium) over the final issue price. As per the latest market data, the stock trades at ₹46.55, representing an overall gain of +29.31% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of HRH Next Services Limited IPO?
The issue price of HRH Next Services Limited IPO was fixed at ₹36 per equity share. The indicative bidding price band was ₹36.
What were the open, close, and listing dates for HRH Next Services Limited IPO?
HRH Next Services Limited IPO opened on 27 Dec 2023, closed on 29 Dec 2023, listed on 03 Jan 2024.
How much was HRH Next Services Limited IPO subscribed?
The IPO received an overall subscription of 62 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of HRH Next Services Limited IPO?
HRH Next Services Limited IPO listed on the stock exchange at ₹41, delivering a listing gain of 13.89% compared to the IPO issue price of ₹36.
Is HRH Next Services Limited IPO a Mainboard or SME IPO?
HRH Next Services Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of HRH Next Services Limited IPO since its IPO?
At the latest market quote of ₹46.55, HRH Next Services Limited IPO has generated an all-time return of +29.31% since its initial public offering.

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